We Share A Common Thread

Business Savings Rates

Current as of November 24, 2020.

Business Savings Rates
  Account
Balance Any
Dividend Rate* 0.050%
Annual Percentage Yield (APY)** 0.05%
Minimum Average Daily Balance to Earn Dividend N/A
Business Certificates of Deposit Rates
Term Minimum to Open Interest Rate APY**
6 Months $250.00 0.250% 0.25%
12 Months $250.00 0.399% 0.40%
18 Months $250.00 0.499% 0.50%
24 Months** $250.00 0.549% 0.55%
30 Months $250.00 0.598% 0.60%
36 Months $250.00 0.648% 0.65%
42 Months** $250.00 0.698% 0.70%
48 Months $250.00 0.698% 0.70%
60 Months $250.00 0.747% 0.75%
To apply for loans, open accounts or to schedule a meeting to discuss your business, contact:

Kara Doyle
VP – Commercial Lending
OFFICE: (978) 323-3242
MOBILE: (978) 479-7150
EMAIL: Kara.Doyle@jdcu.com
Jeffrey Turcotte
VP – Commercial Loan Officer
OFFICE: (978) 323-4710
MOBILE: (978) 888-3090
EMAIL: Jeffrey.Turcotte@jdcu.com
Robert Boley
AT – Business Services Advisor
OFFICE: (978) 703-7982
MOBILE: (978) 421-4644
EMAIL: Robert.Boley@jdcu.com
*

Dividends are calculated using the daily balance method which applies a periodic rate to the daily balance in the account for that period.

**

APY=Annual Percentage Yield. Rates are effective as of November 2, 2020. A penalty may be imposed for early withdrawal. A $250.00 minimum balance is required to open a Certificate of Deposit. Upon maturity, certificate may automatically roll into another term. Please check with a Member Service Representative for additional information.

***

This Certificate is available with a one-time bump-up option.